Ethanol futures posted moderate losses based on continued pressure in the corn market. Even the fact that ethanol production dropped significantly and lower ethanol stocks were seen did little to stabilize the ethanol market price. February futures closed at $1.906 per gallon, after a 1.2-cent-per-gallon loss. The lack of support through the market was limited to nearby contracts, with deferred futures posting just fractional losses. Traders may readjust positions if corn markets see some new stability, but the potential for weaker markets over the near future could also lead to further ethanol pressure.

RBOB gasoline futures posted fractional gains following ...

Quick View

Enlist Cotton Approved
USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...

Market Moves
Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...

Ask The Mechanic
Ask the Mechanic answers the question about how VW and German engineering was able to get by with...

Senior Partners - 4
Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...